Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on LandBridge (NYSE:LB) in the last three months.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 3 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $48.5, along with a high estimate of $79.00 and a low estimate of $34.00. This current average reflects an increase of 41.61% from the previous average price target of $34.25.
Interpreting Analyst Ratings: A Closer Look
A clear picture of LandBridge's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mark Lear | Piper Sandler | Raises | Neutral | $79.00 | $39.00 |
| Theresa Chen | Barclays | Raises | Equal-Weight | $38.00 | $29.00 |
| John Mackay | Goldman Sachs | Raises | Buy | $43.00 | $38.00 |
| Spiro Dounis | Citigroup | Raises | Neutral | $34.00 | $31.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to LandBridge. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of LandBridge compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for LandBridge's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Capture valuable insights into LandBridge's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
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Delving into LandBridge's Background
LandBridge Co LLC is engaged in managing land and resources to support and promote oil and natural gas development. It generate revenue streams from the use of its surface acreage, the sale of resources from land and oil and gas royalties.
A Deep Dive into LandBridge's Financials
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: LandBridge's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 60.05%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: LandBridge's net margin is impressive, surpassing industry averages. With a net margin of 8.99%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): LandBridge's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.3% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): LandBridge's ROA stands out, surpassing industry averages. With an impressive ROA of 0.37%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.86, caution is advised due to increased financial risk.
Understanding the Relevance of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
